Dear Community Members, Friends and Family,
I would like to thank you for your support of the Exeter Unified School District and the passage of Measure K, the School Facility Improvement Bond. Your approval signifies support for our students and staff and a level of trust that makes me even more proud to be a member of our School District and the Exeter Community. Measure K authorizes the school district to issue bonds that will generate approximately $18,000,000 in the coming years to improve and renovate classroom and other school facilities. It will also provide the much needed funds to keep up with the ever-changing world of technology and to help us best prepare our students for the world they will enter upon graduation.
Now that the election results have been certified, we will begin designing a budget and an implementation plan for the facility improvements. Following the completion of those steps, we will issue the Bonds to generate the money needed to begin the District improvements. With the passage of the State School Facility Bond, Proposition 51, we will simultaneously apply to receive funds from the State of California that could assist with the completion of some of the projects on our list thereby stretching our local dollars. As you can imagine, this process does take some time so please do not expect to see construction begin right after the first of the year. However, our intent is to begin renovating classrooms as soon as possible.
As the money comes to the District from the issuance of the Bonds, the District will be very careful to account for those dollars separate from the funds received for regular operations. Annually, there will be a separate financial audit of the Bond revenues and expenditures. There will also be a Citizen Oversight Committee that will review the expenditures and audit to ensure to our community that the District is spending the money only on the projects listed in the Bond language. Membership applications for that committee will be made available after the first of the year.
Again, I want to sincerely thank the Exeter Community for their support every day and especially on November 8, 2016 when you authorized the District to generate money to improve the District’s facilities and maintain access to technology for many years to come. I will do my very best to ensure the improvements to our District are of the highest quality and add to the positive image that already exists in our community.
Tim A. Hire
Proud Superintendent, Parent and Community Member